Friday, 25 August 2017

Ghaziabad , Development and Real estate

Ghaziabad City Success
and Development and its Impact Real Estate Market

Ghaziabad which was recently
ranked 6th in Newsweek’s list of 10 most dynamic cities in the world was
initially a Tehsil named Ghaziuddinnagar.

Ghaziabad town has seen many ups
and downs.

Ghaziabad is a district of Uttar
Pradesh which has three never-drying rivers within its reach. The holy Ganges,
Yamuna and the Hindon.

This town has grown several folds
after its status was upgraded from that of tehsil to a separate district. In its journey of success, it has undergone massive changes in population, trade, lifestyle
, industrialization and other amenities.It is well connected to the rest
of the country by rail and road. It is an important railway junction of the
Northern Railways.

Its proximity to Delhi is a
blessing no one can deny, this blessing got developed very strong and powerful
infrastructure

Vast areas of cheap land and
strong infrastructure made Ghaziabad an industrial town .

The development authorities and
related agencies laid special emphasis on strengthening the base and developing
the social and physical infrastructure of Ghaziabad. Due to which many
companies like Coca-Cola, ITC, Sriram Piston, Hamdard, Dabur, Bhushan Steels,
Oriental Carbons and others have set up their manufacturing units in Ghaziabad.
This gave a kick start to boosting of the retail sector in Ghaziabad.

There is a scarcity of space in
Delhi for commercial as well as residential purposes; so many buyers have
directed their gaze towards Ghaziabad. People interested in buying Ghaziabad
properties have a valid reason of doing so as in the current times; it is one
of the hot destinations for investments in real estate.

Ghaziabad property market is
witnessing trends that suggest that employers, residents, traders and foreign
investors, off late, are calling the shots.

People are willing to buy
property in Ghaziabad mainly to avoid paying much higher rates in Delhi and to
enjoy living away from the hustle bustle of a metropolitan; yet be in touch for
functional purposes. So people work in Delhi and stay in Ghaziabad. This has
given rise to spiraling townships in Ghaziabad. , to name few Crossing
Republik, Indirapuram, Vaishali ,
Vasundhara , Rajnagar Extension , Govindpuram are few of them that has
attracted lot of investors.

Easy finance options and
increasing demand of residential property in Ghaziabad has attracted buyers
from nearby Noida as well.

Ghaziabad has managed to respond
well to the sudden influx of people and capital into the realty sector. Foreign
direct investments in Ghaziabad have been received with open arms in
various projects, to name a few. Going
by what trade pundits predict, much more foreign exchange is coming in other
sectors as well.

Adjoining areas of Ghaziabad like
Kaushambi, Vaishali, Indirapuram and others are also witnessing tremendous
growth in the residential property market. Kaushambi is rife with many
townships, offering luxury condominiums and multiplexes. The Commonwealth Games
2010 also triggered a lot of action in infrastructure development, retail and
hospitality sectors in and around Kaushambi.

After Delhi, it is Ghaziabad that
offers excellent breeding ground for real estate trade in all three segments-
commercial, residential and retail. It shall be true if one says –Sky is the
limit-literally, for Ghaziabad.

Upcoming Real Estate Projects :

Although there are many upcoming residential projects in
Ghaziabad at different places like
rajnagar extension, govindpuram, crossing
republik but after government has approved expansion of NH24 Highway to 14
lanes on which the construction is in full swing , crossing republik which is closest to nh24
is catching attention of everybody , as the prices of property adjacent to
NH24 are likely to shoot up high after
completion of expansion project.

Why Crossing Republik:

Crossings
Republik is a privately developed residential township in Ghaziabad, which was
a joint venture of seven major real estate groups. Property here is affordable
when compared to other areas of Delhi NCR. Since, the area is privately
developed and houses many gated communities, safety is not a problem here

Crossings
Republik is one of the key areas in Ghaziabad that has started picking up,
primarily due to the physical and social infrastructure development

However, it is
interesting to note that despite the rise in property values, the real estate
market in crossing republic was stable. The prices were not increasing as fast
as they were in Vaishali and Indirapuram in Ghaziabad. .

The
bottle-neck at NH-24 and no connectivity to Noida Extension was also impacting the residential real estate
market in crossing republik. Residents use to face many traffic issues while travelling from
Crossings Republik to Delhi through the NH-24. Similarly, those who want to go
to Noida Extenstion didn’t had any
internal roads that give them easy accessibility.

But
now things have changed drastically , NH24 is undergoing massive expansion to
14 lane express highway which will solve the traffic congestion problem for
residents of crossing republik travelling to delhi and noida and
just before vijay nagar another major broad road has been constructed
and operational which goes directly to noida extension and greater noida which
has solved problems for people travelling from crossing republic to Noida
Extension or Greater Noida.

Renowned Srishti – The most talked about
property at crossing republic

Buying
a 4, 3 or 2 BHK apartment in Ghaziabad has become very easy with the
development of different housing projects offered by the renowned real
estate developers
in Ghaziabad, such as Renowned Group , Srishti Villa Project in Crossing
Republik Ghaziabad a desire to live in posh locality, surrounded by lavish
facilities and amenities, people now prefer to purchase flats than plots.
Hence, many housing projects have come into existence, which offer
state-of-the-art infrastructure, all types of facilities at one distance,
beautiful surroundings, lavish accommodation and much more at very nominal
rates.

Now
with Renowned Group offering
duplex villas at the same rates as that of flats , people are rushing towards
the villas of this project , but srishti villa is
one of the rare project offering this and with limited number of villas its
likely to get sold very fast .

CHEAP RATES . QUALITY CONSTRUCTION, REPUTED BUILDER , BEST LOCATION , BEST
CUSTOMER SERVICE , HIGH SECURITY, BEST OF AMENITIES

What else a home owner needs for buying his dream home., This
lovely property can be yours, just pick the phone , dial
9990445300, speak directly to developer Renowned Group , take a site tour and
buy your dream home now , rush before its too late.